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Witness Update Report #26

Our current witness status, well another week has passed and everything is purring like a little kitten, no missed blocks, our server has been stable with no down time. The markets are unfortunately still very low and we continue to just keep on keeping on, it can hopefully only go up from here.

We would also like to give you guys an update and short summary of the livestream from @ned which took place last week Thursday. He asked the Steem community to post some questions which you can find here as well at the link below to his livestream.

Ned mentioned a few causes and mentioned a few other important points at the start of the livestream:

• Steemit, Inc, is originally a Blockchain Development company. Many, including the ‘press’ currently reporting on the 70% lay-off still don’t fully grasp the difference between Steemit (Inc) and Steem.
• Steemit, Inc, has been focussing on too many tasks at the same time, spreading too thin because of it. The Blockchain Development should haven been their first focus.
• Many projects and dApps rely on the free infrastructure/API/nodes Steemit provides, while only a select few run and rely on their own. As a good example eSteem was mentioned, fully running on their own infrastructure which is important for further decentralisation.

A few suggestions from some community members were mentioned and discussed in the livestream by Ned, amongst which:

• Focus should be on reducing costs of running the blockchain, now mainly dependent on (expensive) RAM, by prioritising on developing rocksdb. Side-effect is more people and projects might start running full nodes, making Steem less reliable on the free logistics provided by Steemit, Inc.
• Smart Media Tokens are very complex, the suggestion to launch ‘Simple Tokens’ until they can be launched was mentioned and taken into consideration. Simple tokens should allow many communities to continue with their plans while also serving as a way to get investors interested in Steem
• Steemit.com could become a simple ‘wallet-app', phasing the ‘social site’ off, so people get directed to the many apps that better represent what Steem is about instead.

There’s still much to discuss and it was clear from the livestream Steemit, Inc has not yet made a final plan how to go forward from here. ADSactly will keep an eye on future updates to see what Steemit, Inc will communicate further on how to continue from here. We believe clear communication on what Steemit, Inc will do and what they don’t / can’t do is necessary for the community to understand where we stand and which steps to take themselves.

Please take a moment to read our Witness Proposal, and if you support the same fundamentals and vision as we do for the future of the Steemit community, please consider voting for us as witness here.

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ADSactly Education :

Our weekly Witness Report post, we will be choosing different technical topics to discuss, or are some of the valuable life lessons we have learned along the way.

We would really like to hear from some of the new users to the platform and to our Adsactly community.

Share Your Ideas

Cooperation is an essential, important part of all human endeavours. Without it, nothing would ever see the light of the day. No great project can be finished if people don't work together. Individual efforts are valuable but they are likely to be futile without good, mutually beneficial, coordinated cooperation. No individual can achieve a big goal solely by himself. It is simply impossible because each of us possesses only a limited amount of time, resources, knowledge and skills.

The essence of cooperation is grounded in sharing ideas. Never be afraid to share an idea. You might lose some of them along the way but always keep in mind that many more, even better ones will come in time. If a person doesn't communicate ideas, the projects will, most likely, never come to light. From our experience, it is better to create long-lasting relationships and share ideas among people who you trust, than to keep your ideas for yourself until they slowly fade away. If people accept your idea, they will always remember where to come for the next one. What's more, if an idea is profitable for a group of investors, they will share benefits with you. Benefits which would not exist without their investment and your idea.

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ADSactly

Remember to join our Friday Night Live with Adsactly tomorrow! Our very own @princessmewmew and @broncofan99 host a discussion panel where they will chat about all things Steemit related, focusing especially on minnow issues, curation and community centred projects. We invite you to come on over and introduce yourself and share a post with us, chat about it, and also to ask any questions you may have! Join us here every Friday night at around 20:00 UTC.

We welcome you to join the society, meet and talk to people, make friends and establish relations with other ADSactly members. ADSactly is like cosmic duct tape, it is a network with anyone and anything based on voluntary and mutual benefit.

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Server Information

CPU - Intel i7
RAM - 64GB DDR3
HDD - 2x240 GB SSD
Network - 1Gb/s Network
Location - Germany Dedicated Server
Hosted by - @privex

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Click the link below to join our Discord Server

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We would greatly appreciate your witness vote

To vote for @adsactly-witness click the image below, then find "adsactly-witness" and click the upvote arrow or scroll to the bottom and type "adsactly-witness" in the box

Thank You